Backblaze (BLZE) Stock Price
Backblaze Price
Over the last 6 years Backblaze grew revenue by 23.7% annually, reaching 145.84 M USD. For Backblaze, the net margin of -17.6% is up versus -32.2% a few years ago. The consensus 12-month price target for Backblaze is 16.00 USD, about 13.6% above where the stock trades today. Of 13 analysts, 11 rate the stock a buy — an overall Buy consensus.
Backblaze stock price
Backblaze business model & stock analysis
Frequently asked questions about Backblaze
The business model of Backblaze Inc revolves around providing cloud storage services. Backblaze offers affordable and reliable backup solutions for individuals and businesses. Users can easily store and access their data through Backblaze's online platform. The company ensures data privacy and security by employing encryption and regular backups. Backblaze's cost-effective pricing strategy and unlimited storage options have made it a popular choice among users. By leveraging its robust infrastructure and innovative technologies, Backblaze continues to deliver dependable cloud storage solutions to customers worldwide.
Backblaze Inc is primarily active in the data storage and backup industry.
The main competitors of Backblaze Inc in the market are Carbonite, Inc., CrashPlan, and Mozy.
Backblaze Inc is a renowned data storage company founded in 2007. Headquartered in San Mateo, California, Backblaze provides cloud storage and online backup solutions for both individuals and businesses worldwide. The company has gained popularity for its reliable and cost-effective services, catering to over 500,000 customers. Backblaze Inc differentiates itself by offering unlimited storage at a flat fee, ensuring data security and easy accessibility. With a focus on transparency, Backblaze publishes its hard drive reliability statistics, consistently maintaining high customer satisfaction. The company's commitment to providing efficient and affordable storage solutions has positioned it as a trusted name in the industry.
Backblaze Inc, a renowned data storage company, has reached several significant milestones. One notable achievement is their successful deployment of the groundbreaking Storage Pod. This cost-effective and scalable storage solution revolutionized the industry, allowing Backblaze to provide affordable cloud backup and storage services. Additionally, Backblaze garnered acclaim for its ambitious storage durability challenge, which demonstrated their ability to maintain data integrity over long periods. The company's dedication to transparency is another milestone, earning them a loyal customer base. Furthermore, Backblaze Inc reached the impressive milestone of storing and managing the data equivalent of over 1 exabyte. These accomplishments highlight Backblaze Inc as a leading player in the data storage domain.
Backblaze Inc is primarily present in the United States.
Backblaze Inc is a prominent data storage company that holds certain values and a strong corporate philosophy. As a company, Backblaze Inc deeply values openness, transparency, and offering reliable and affordable storage solutions. Their corporate philosophy focuses on exceptional customer service, continuous innovation, and maintaining a strong commitment to privacy and security. Backblaze Inc believes in simplifying data storage for businesses and individuals, striving to provide a trustworthy and user-friendly experience. With a dedication to customer satisfaction and technological advancements, Backblaze Inc sets itself apart in the industry, making them a preferred choice for secure and efficient data storage solutions.
Analysts currently set an average price target of 15.30 USD for the Backblaze stock (median: 16.00 USD), implying +8.6 % versus the latest price. The consensus is based on 13 analyst ratings.
13 analysts currently rate the Backblaze stock: 11 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Backblaze to generate revenue of 172.96 M USD and earnings per share of 0.21 USD.
Converted at the current exchange rate, the Backblaze share trades at 12.52 EUR (14.09 USD).
The Backblaze share (BLZE) is listed on 1 stock exchanges, including: NASDAQ (BLZE).
Backblaze Inc is an American company specializing in cloud-based data backup solutions. The company offers cost-effective, secure, and user-friendly data backup solutions for individuals and businesses. Their main products are the Personal Backup Service for individuals and the Business Backup Service for companies. Additionally, they provide cloud storage solutions and collaboration tools. Backblaze focuses on simplicity, affordability, security, and reliability in their business model.
The expected revenue of Backblaze is 172.96 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Backblaze is 11.54 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Backblaze is currently 68.63. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Backblaze stock.
The price-to-sales ratio (P/S) of Backblaze is currently 4.58. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Backblaze stock.
The Eulerpool Quality Score for Backblaze is 2/10.
The ISIN of Backblaze is US05637B1052. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Backblaze is BLZE. The ticker symbol is used to trade Backblaze shares on the stock exchange.
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All fundamentals and in-depth analysis of Backblaze
Our stock analysis for Backblaze stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Backblaze. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.